i just need help with "b". the part asking for the entry to apply overhead. thank u!

og overhead plied E20.5 (LO 3, 5) Tkerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $300.000 for the year, and machine usage is estimated at 125,000 hours For the year, $322,000 of overhead costs are incurred and 130,000 hours are used. Excel instructions a. Compute the manufacturing overhead rate for the year. b. What is the amount of under or overapplied overhend at December 31 c. Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cost of goods sold Analyze al Comnany is given below. 69 a. 2.4 (Overhead divided by Machine Hours) 67 68 E 20-5 Overhead rate per machine hour: 70 71 b. Entry to Apply Overhead: 72 73 74 75 Actual Overhead: 312000 76 Applied Overhead: 322000 77 Under Applied 10000 78 Entry to Clear Under applied overhead: 30 cost of goods sold 31 MO 32 33 79 c. 10000 10000